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2014 first-half profits at Standard Chartered Private Bank’s Asia units climb 18%

Standard Chartered Private Bank’s Asia business registered operating profits of US$87 million in the first half of 2014, an 18% year-on-year growth fuelled largely by income from clients from the ASEAN (Association of Southeast Asian Nations) and Greater China region. The British lender’s results breaks down its private banking business by geographic regions and its Asia coverage includes Greater China,…

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